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Saturday, April 9, 2011

Oil & Gas stocks continue to be hot as oil trades up above $110 in 2011. Below is a list of the top rated Oil & Gas stocks. Check out my Top Oil Stock Picks in 2011. Also, I would keep tabs on the latest developments in the Eagle Ford Shale & Bakken Shale.

Devon Energy Corporation (DVN) - Devon Energy (DVN) continues to be a good stock to buy below $90. DVN doesn't have any resistance until $95.

Chesapeake Energy Corporation (CHK) - Chesapeake Energy Corporation (CHK) continues to trade below $34. CHK has really ramped up in the Eagle Ford Shale & Bakken Shale over the past six months. They have also signed a huge JV in the Niobrara Shale. CHK is now a legit USA Oil Play.

Western Refining, Inc. (WNR) - Western Refining, Inc. (WNR) is now back in the $18's. WNR is a buy below $15 for a trade.

EnCana Corporation (ECA) - Encana Corp (ECA) recently sold a 50% stake in their Montney Shale assets. ECA has sold off over the last week which presents a great buying opportunity. Look for Encana to hit Oil in the Collingwood Shale in 2011-2012. ECA remains a strong buy below $32.

Cabot Oil & Gas Corporation (COG) - Cabot Oil & Gas Corporation (COG) has some nice oil assets around the USA and is the first company to talk about the Chainman Shale. Located in Nevada, the Chainman Formation could hold a vast amont of oil. However, COG hit a dry hole when testing this shale play back in the fall.

Anadarko Petroleum Corporation (APC) - Anadarko Petroleum Corporation (APC) is all over the place in the US and Internationally. I personally like APC because of It's Eagle Ford Shale and Niobrara Shale holdings. APC will have resistance around $85.

Cell Therapeutics, Inc. (CTIC) - Cell Therapeutics, Inc. (CTIC) continues to trade back below $0.40. Cell Therapeutics will have support located at $0.33 on the downside. CTIC will have resistance up at $0.48.

Royale Energy Inc. (ROYL) - Royale Energy Inc. (ROYL) broke out on Friday. Royale Energy Inc. (ROYL) will now have resistance located at $6.00. ROYL is a pump and dump oil stock that has sudden swings which is good for trading but bad for investing.

Akamai Technologies Inc. (AKAM) - Akamai Technologies Inc. (AKAM) is back trading below $38. AKAM is a screaming buy below $40 for the long term. AKAM has been rebounding now that the stock is back above the 10 day moving average.

Molcorp (MCP) - Molcorp (MCP) hit a new 52 week high on Friday in the $70's. MCP displayed a nice cup and handle formation but is worth a short for savvy traders. Molycorp will have resistance at $70.50 next week. I am short MCP at $68.

Hyperdynamics Corporation (HDY) - Hyperdynamics Corporation (HDY) is my top stock pick for 2011. Hyperdynamics continues to be dead money. Hyperdynamics will have resistance at $4.88 and I plan to buy on a break above that level for a trade. HDY is a buy below $5.00 for the long term. At some point this year, I am expecting HDY to come alive again.

Kodiak Oil & Gas Corp. (KOG) - Kodiak Oil & Gas Corp. is one of my best oil stock ideas for 2011. Kodiak Oil & Gas Corp. (KOG) is one of the up and coming companies in the Bakken Shale. KOG can go either way right now but I feel it will remain in the $6's. Resistance is located at $7.00. KOG is a strong buy below $6.00 if we see a pullback.

Tri-Valley Corp. (TIV) - Tri-Valley Corporation (TIV) hit a high of $0.78 on Friday. TIV will have resistance located at $0.78 and $1.00.

Samson Oil & Gas Limited (SSN) - SSN was flat on Friday. SSN will now have resistance located at $4.00 and above. Pullbacks below $3.00 continue to be a buy for a trade.

Paramount Gold and Silver Corp. (PZG) - Paramount Gold and Silver Corp. (PZG) is my Top Gold Stock for 2011. PZG has been very volatile lately. PZG will have resistance located at $4.25. PZG is a buy again below $3.50.
American International Group, Inc. (AIG) - American International Group, Inc. (AIG) is back below $35. AIG will now have resistance at $38. AIG has support located at $34.

Sirius XM Radio (SIRI) - Sirius XM Radio (SIRI) is now trading below $1.80. Sirius XM Radio will now have support at $1.60. Sirius XM Radio is a strong buy on pullbacks below $1.50. SIRI will now have resistance located at $1.88 & $2.00.

Research In Motion Ltd. (RIMM) - Research in Motion Ltd (RIMM) was back below $55 on Friday. Research in Motion (RIMM) has support at $52 now. Research in Motion will have resistance on the upside located at $60 & $65. RIMM is a strong buy below $55.

Cisco Systems, Inc. (CSCO) - Cisco Systems, Inc. (CSCO) failed at $18 on Friday. CSCO will have resistance up at $18.64 which is the 50 day moving average. Cisco Systems will now have support at $17.60. Cisco Systems is a strong buy below $19 for the long term.

Netflix, Inc. (NFLX) - Netflix, Inc. (NFLX) traded up toward $240 on Friday. Netflix Inc (NFLX) will have resistance located at $250. Netflix has support located at $209. Netflix Inc (NFLX) is a buy on pullbacks below $205.

Baidu, Inc. (BIDU) - Baidu, Inc. (BIDU) is back in the $140's. Baidu Inc will have major resistance up at $145. Baidu has support located at $115. If Baidu Inc. (BIDU) ever falls below $105, I would start buying back.

Oracle Corp (ORCL) - Oracle Corp (ORCL) is back below $34. Oracle stock has support down at $32. ORCL does not have any major resistance until $35.

YRC Worldwide Inc. (YRCW) - YRC Worldwide Inc. (YRCW) was flat on Friday. YRC Worldwide Inc continues to be at risk of going bankrupt. YRC Worldwide (YRCW) is not a buy for the long term unless the stock breaks back up through $5.00 and holds.

Arena Pharmaceuticals, Inc. (ARNA) - Arena Pharmaceuticals, Inc. (ARNA) is now trading in the high $1.30's. Arena Pharmaceuticals has resistance located at $2.00.

Advanced Micro Devices Inc. (AMD) - Advanced Micro Devices Inc. (AMD) is back below the 10 & 50 day moving averages. Advanced Micro Devices Inc. will now have resistance located at $9.15. Advanced Micro Devices will have support down at $7.93.

Goldman Sachs Group, Inc. (GS) - Shares of Goldman Sachs Group (GS) are back trading above $160. Goldman Sachs (GS) is breaking out of the downtrend and could be headed to the $170's. Goldman Sachs (GS) remains a strong buy below $162.

Potash Corp. of Saskatchewan, Inc. (POT) - Potash Corp. of Saskatchewan, Inc. (POT) are back below $60. Potash Corp will now have resistance located at $65. Potash Corp. of Saskatchewan, Inc. (POT) is a strong buy below $50.

Oil & Gas stocks continue to be hot as oil trades up above $110 in 2011. Below is a list of the top rated Oil & Gas stocks. Check out my Top Oil Stock Picks in 2011. Also, I would keep tabs on the latest developments in the Eagle Ford Shale & Bakken Shale.

Devon Energy Corporation (DVN) - Devon Energy (DVN) continues to be a good stock to buy below $90. DVN doesn't have any resistance until $95.

Chesapeake Energy Corporation (CHK) - Chesapeake Energy Corporation (CHK) continues to trade below $34. CHK has really ramped up in the Eagle Ford Shale & Bakken Shale over the past six months. They have also signed a huge JV in the Niobrara Shale. CHK is now a legit USA Oil Play.

Western Refining, Inc. (WNR) - Western Refining, Inc. (WNR) is now back in the $18's. WNR is a buy below $15 for a trade.

EnCana Corporation (ECA) - Encana Corp (ECA) recently sold a 50% stake in their Montney Shale assets. ECA has sold off over the last week which presents a great buying opportunity. Look for Encana to hit Oil in the Collingwood Shale in 2011-2012. ECA remains a strong buy below $32.

Cabot Oil & Gas Corporation (COG) - Cabot Oil & Gas Corporation (COG) has some nice oil assets around the USA and is the first company to talk about the Chainman Shale. Located in Nevada, the Chainman Formation could hold a vast amont of oil. However, COG hit a dry hole when testing this shale play back in the fall.

Anadarko Petroleum Corporation (APC) - Anadarko Petroleum Corporation (APC) is all over the place in the US and Internationally. I personally like APC because of It's Eagle Ford Shale and Niobrara Shale holdings. APC will have resistance around $85.

Below is a list of the Most Popular OTC, OTCBB, Pink Sheets Stocks going into April 11, 2011. Topping the list today are Allezoe Medical Holdings (ALZM.OB), UNIONTOWN ENERGY INC (UTOG.OB), and Fannie Mae (FNM) (FNMA.OB). This list shows you which stocks traders and investors consider " Hot " which makes for great trading. These are the stocks that I will be monitoring today and tomorrow for daytrading opportunities.

This list is my favorite way to track potential breakout OTC stocks and is not produced anywhere else! It takes into account percentage gainers or losers, volume, and how active the stock has been lately. The higher the rank, the closer I am watching. Check out my OTC Stock Picks for 2011

Cell Therapeutics, Inc. (CTIC) - Cell Therapeutics, Inc. (CTIC) continues to trade back below $0.40. Cell Therapeutics will have support located at $0.33 on the downside. CTIC will have resistance up at $0.48.

Royale Energy Inc. (ROYL) - Royale Energy Inc. (ROYL) broke out on Friday. Royale Energy Inc. (ROYL) will now have resistance located at $6.00. ROYL is a pump and dump oil stock that has sudden swings which is good for trading but bad for investing.

Akamai Technologies Inc. (AKAM) - Akamai Technologies Inc. (AKAM) is back trading below $38. AKAM is a screaming buy below $40 for the long term. AKAM has been rebounding now that the stock is back above the 10 day moving average.

Molcorp (MCP) - Molcorp (MCP) hit a new 52 week high on Friday in the $70's. MCP displayed a nice cup and handle formation but is worth a short for savvy traders. Molycorp will have resistance at $70.50 next week. I am short MCP at $68.

Hyperdynamics Corporation (HDY) - Hyperdynamics Corporation (HDY) is my top stock pick for 2011. Hyperdynamics continues to be dead money. Hyperdynamics will have resistance at $4.88 and I plan to buy on a break above that level for a trade. HDY is a buy below $5.00 for the long term. At some point this year, I am expecting HDY to come alive again.

Kodiak Oil & Gas Corp. (KOG) - Kodiak Oil & Gas Corp. is one of my best oil stock ideas for 2011. Kodiak Oil & Gas Corp. (KOG) is one of the up and coming companies in the Bakken Shale. KOG can go either way right now but I feel it will remain in the $6's. Resistance is located at $7.00. KOG is a strong buy below $6.00 if we see a pullback.

Tri-Valley Corp. (TIV) - Tri-Valley Corporation (TIV) hit a high of $0.78 on Friday. TIV will have resistance located at $0.78 and $1.00.

Samson Oil & Gas Limited (SSN) - SSN was flat on Friday. SSN will now have resistance located at $4.00 and above. Pullbacks below $3.00 continue to be a buy for a trade.

Paramount Gold and Silver Corp. (PZG) - Paramount Gold and Silver Corp. (PZG) is my Top Gold Stock for 2011. PZG has been very volatile lately. PZG will have resistance located at $4.25. PZG is a buy again below $3.50.
American International Group, Inc. (AIG) - American International Group, Inc. (AIG) is back below $35. AIG will now have resistance at $38. AIG has support located at $34.

Sirius XM Radio (SIRI) - Sirius XM Radio (SIRI) is now trading below $1.80. Sirius XM Radio will now have support at $1.60. Sirius XM Radio is a strong buy on pullbacks below $1.50. SIRI will now have resistance located at $1.88 & $2.00.

Research In Motion Ltd. (RIMM) - Research in Motion Ltd (RIMM) was back below $55 on Friday. Research in Motion (RIMM) has support at $52 now. Research in Motion will have resistance on the upside located at $60 & $65. RIMM is a strong buy below $55.

Cisco Systems, Inc. (CSCO) - Cisco Systems, Inc. (CSCO) failed at $18 on Friday. CSCO will have resistance up at $18.64 which is the 50 day moving average. Cisco Systems will now have support at $17.60. Cisco Systems is a strong buy below $19 for the long term.

Netflix, Inc. (NFLX) - Netflix, Inc. (NFLX) traded up toward $240 on Friday. Netflix Inc (NFLX) will have resistance located at $250. Netflix has support located at $209. Netflix Inc (NFLX) is a buy on pullbacks below $205.

Baidu, Inc. (BIDU) - Baidu, Inc. (BIDU) is back in the $140's. Baidu Inc will have major resistance up at $145. Baidu has support located at $115. If Baidu Inc. (BIDU) ever falls below $105, I would start buying back.

Oracle Corp (ORCL) - Oracle Corp (ORCL) is back below $34. Oracle stock has support down at $32. ORCL does not have any major resistance until $35.

YRC Worldwide Inc. (YRCW) - YRC Worldwide Inc. (YRCW) was flat on Friday. YRC Worldwide Inc continues to be at risk of going bankrupt. YRC Worldwide (YRCW) is not a buy for the long term unless the stock breaks back up through $5.00 and holds.

Arena Pharmaceuticals, Inc. (ARNA) - Arena Pharmaceuticals, Inc. (ARNA) is now trading in the high $1.30's. Arena Pharmaceuticals has resistance located at $2.00.

Advanced Micro Devices Inc. (AMD) - Advanced Micro Devices Inc. (AMD) is back below the 10 & 50 day moving averages. Advanced Micro Devices Inc. will now have resistance located at $9.15. Advanced Micro Devices will have support down at $7.93.

Goldman Sachs Group, Inc. (GS) - Shares of Goldman Sachs Group (GS) are back trading above $160. Goldman Sachs (GS) is breaking out of the downtrend and could be headed to the $170's. Goldman Sachs (GS) remains a strong buy below $162.

Potash Corp. of Saskatchewan, Inc. (POT) - Potash Corp. of Saskatchewan, Inc. (POT) are back below $60. Potash Corp will now have resistance located at $65. Potash Corp. of Saskatchewan, Inc. (POT) is a strong buy below $50.